FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - MONDAY, MARCH 13TH, 2023

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Indices				NYSE			Nasdaq
DOW	-90.50	31,819.14	-0.28%	Volume	1,419,011,785	+19%	Volume	6,190,471,600	+1%
NASDAQ	+49.96	11,188.84	+0.45%	Advancers	778	26%	Advancers	1,696	38%
S&P 500	-5.83	3,855.76	-0.15%	Decliners	2,158	73%	Decliners	2,815	62%
Russell 2000	-28.40	1,744.30	-1.60%	52 Wk Highs	14		52 Wk Highs	32
S&P 600	-28.54	1,143.80	-2.43%	52 Wk Lows	345		52 Wk Lows	625

TODAY'S SPECIAL NOTICE

Damaging losses on Thursday and Friday signaled a shift from the prior market uptrend (M criteria) to an uptrend under pressure and then quickly to a "market correction". Disciplined investors know to reduce market exposure by selling any weakening stocks on a case-by-case basis.

Breadth Negative as Major Averages Sputter Amid More Uncertainty
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Dow fell 90 points (-0.3%), while the Nasdaq Composite added 0.5%. The S&P 500 Index shed 0.2%, though seven of 11 sectors finished in positive territory. Volume totals on Monday were again higher than the prior session on the NYSE and on the Nasdaq exchange, indicating more intense selling pressure coming from the institutional crowd. Breadth was clearly negative as decliners led advancers by almost a 3-1 on the NYSE and by 3-2 on the Nasdaq exchange. Only 1 high-ranked company from the Leaders List hit a new 52-week high and was listed on the BreakOuts Page, versus 2 on the prior session. New 52-week lows totals continued to swell and outnumbered shrinking new 52-week highs on the NYSE and on the Nasdaq exchange. The evaporation of leadership and damaging losses late last week abruptly signaled that the major indices are in a market correction (M criteria). Disciplined investors know that in a market correction it is best to avoid new buying efforts and raise safe cash.

Chart courtesy of www.stockcharts.com

PICTURED: The Nasdaq Composite Index posted a small gain with lighter volume but remains below its 50-day and 200-day moving average (DMA) lines after damaging volume-driven losses.

U.S. equities finished mixed in volatile trading Monday as investors digested the latest updates on the Financials sector. Over the weekend, U.S. regulators put together emergency measures seeking to ease concerns over recent troubles in the banking sector in an effort to help avoid a large-scale bank run. The Federal Reserve (Fed) has implemented measures to protect deposits and to provide more funding for banks. Today, stocks fluctuated between gains and losses as market participants assessed the likelihood the financial shock could possibly cause the central bank to pause its rate-hiking campaign at its meeting next week.

Shorter-dated Treasuries posted a sharp rally following news of the U.S. government’s pledge to backstop the banking system. The yield on the benchmark 10-year note fell by 16 basis points (0.16%) to 3.52%, while the 30-year bond yield remained little changed at 3.68%. The yield on the two-year note, which is more sensitive to changes in monetary policy, tumbled 63 basis points (0.63%) to 3.95%. Over the past three days, the yield on the two-year note has fallen over 100 basis points (1%), marking its largest three-day decline since 1987. In commodities, West Texas Intermediate (WTI) crude declined by 3% to $74.39/barrel amid concerns over the global economic outlook.

Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.

Financial and Energy-Linked Groups Led Decliners
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Bank Index ($BKX -11.66%) was a standout decliner in the wake of some of the biggest bank failures since the 2008 global financial crisis. The Broker/Dealer Index ($XBD -3.41%) also suffered a bitg loss. The Retail Index ($RLX +0.70%) managed to fight for a modest gain. Commodity-liniked groups were mixed as the Gold & Silver Index ($XAU +5.69%) posted a considerable gain, meanwhile the Oil Services Index ($OSX -4.49%) and Integrated Oil Index ($XOI -2.95%) each sufferered a large loss. The Biotech Index ($BTK +1.96%) noteched a solid gain while the Semiconductor Index ($SOX -0.08%) was little changed and the Networking Index ($NWX -0.75%) edged lower.

Chart courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -3.41%) violated its 50-day and 200-day moving average (DMA) lines during a horrendous 3-day slump which also undercut its December 2022 low. Longtime members know that weak action from the financial indexes bodes poorly for the broader market outlook because they have been very reliable leading indicators.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	78.64	-3.69	-4.49%	-6.22%
Integrated Oil	$XOI	1,671.94	-50.86	-2.95%	-6.45%
Semiconductor	$SOX	2,921.71	-2.22	-0.08%	+15.39%
Networking	$NWX	802.10	-6.04	-0.75%	+2.40%
Broker/Dealer	$XBD	437.01	-15.42	-3.41%	-2.70%
Retail	$RLX	2,792.67	+19.28	+0.70%	+1.40%
Gold & Silver	$XAU	117.94	+6.35	+5.69%	-2.41%
Bank	$BKX	81.47	-10.75	-11.66%	-19.22%
Biotech	$BTK	5,155.89	+99.02	+1.96%	-2.37%

Featured Stocks
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
GPK - NYSE Graphic Packaging Hldg CONSUMER NON-DURABLES - Packaging and Containers	$23.30	-0.46 -1.94%	$23.78	2,756,588 86.12% of 50 DAV 50 DAV is 3,201,000	$25.17 -7.43%	10/25/2022	$22.75	PP = $24.17
								MB = $25.38
Most Recent Note - 3/10/2023 4:58:21 PM Y - Pulled back below the pivot point raising concerns with today's 3rd consecutive loss backed by higher volume. Posted a solid gain on 3/07/23, breaking into new all-time high territory with volume +39% above average and was previously noted - "It has the look of a solid technical breakout, but the fact-based investment system's most successful breakouts that went on to produce big gains flashed much heavier volume behind gains as a buy signal." >>> FEATURED STOCK ARTICLE : Quietly Lingering Near High With Strong Fundamentals - 2/27/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
TITN - NASDAQ Titan Machinery Inc SPECIALTY RETAIL	$40.39	-3.04 -7.00%	$42.59	551,934 248.62% of 50 DAV 50 DAV is 222,000	$47.87 -15.63%	1/13/2023	$40.10	PP = $44.45
								MB = $46.67
Most Recent Note - 3/13/2023 1:12:33 PM G - Color code is changed to green after gapping down today violating its 50 DMA line ($43.39) triggering a technical sell signal folllowing noted volume-driven losses last week. Only a prompt rebound above the 50 DMA line would help its outlook improve. >>> FEATURED STOCK ARTICLE : Pulled Back from New All-Time High - 2/28/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
STRL - NASDAQ Sterling Infrastructure MATERIALS and; CONSTRUCTION - Heavy Construction	$37.87	-1.00 -2.57%	$39.04	337,677 119.32% of 50 DAV 50 DAV is 283,000	$42.00 -9.83%	12/14/2022	$32.41	PP = $33.72
								MB = $35.41
Most Recent Note - 3/13/2023 5:31:52 PM G - Slumped further from its all-time high with today's 4th consecutive loss backed by above average volume. It remains very extended from the previously noted base. Its 50 DMA line ($35.92) and prior highs in the $34-33 area define important near-term support to watch. >>> FEATURED STOCK ARTICLE : Sterling Perched Near High, Extended From Prior Base - 2/24/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PERI - NASDAQ Perion Networks Ltd Comml Svcs-Advertising	$33.53	-0.38 -1.12%	$33.88	676,337 91.77% of 50 DAV 50 DAV is 737,000	$37.18 -9.82%	1/25/2023	$31.79	PP = $33.19
								MB = $34.85
Most Recent Note - 3/10/2023 5:02:44 PM Y - Pulled back today with below average volume behind a 3rd consecutive loss off its 52-week high. Its color code was changed to yellow after dipping below its "max buy" level. Important support to watch is its 50 DMA line ($31.73) and recent low ($29.83 on 2/08/23). >>> FEATURED STOCK ARTICLE : Perion Stubbornly Holding Ground Near High After Spurt of Gains - 2/22/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ALGM - NASDAQ Allegro Microsystems Inc Elec-Semiconductor Mfg	$43.29	-0.77 -1.75%	$44.26	2,277,327 151.62% of 50 DAV 50 DAV is 1,502,000	$47.67 -9.19%	1/31/2023	$37.80	PP = $38.38
								MB = $40.30
Most Recent Note - 3/10/2023 5:21:22 PM G - Slumped further today after another "negative reversal" for a loss on the prior session at its all-time high. It is extended from the previously noted base. Prior high in the $38 area defines initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Holding its Ground After Rallying From Previously Noted Base - 3/1/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
WCC - NYSE Wesco International Inc WHOLESALE - Electronics Wholesale	$152.09	-6.55 -4.13%	$156.28	887,010 187.53% of 50 DAV 50 DAV is 473,000	$175.00 -13.09%	2/10/2023	$148.50	PP = $147.15
								MB = $154.51
Most Recent Note - 3/13/2023 1:22:11 PM G - Abruptly retreating and testing suport at its 50 DMA line ($150) while prior highs in the $144-147 area define the next important support to watch. Reported Dec '22 quarterly earnings +40% on +15% sales revenues versus the year ago period. Broader market weakness (M criteria) has been noted as a "correction" that has raised concerns. >>> FEATURED STOCK ARTICLE : Wesco Hovering Near All-Time High After Recent Breakout - 3/9/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
FIX - NYSE Comfort Systems U S A MATERIALS and CONSTRUCTION - General Contractors	$137.00	-3.98 -2.82%	$140.40	263,610 114.61% of 50 DAV 50 DAV is 230,000	$152.13 -9.95%	2/23/2023	$136.52	PP = $128.78
								MB = $135.22
Most Recent Note - 3/13/2023 5:30:43 PM G - Slumped further from its all-time high with today's 6th consecutive loss. It still is extended from the previously noted base. Prior highs in the $128 area define initial support to watch above its 50 DMA line ($126). >>> FEATURED STOCK ARTICLE : Powerful Technical Breakout After Earnings Report - 2/23/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
KOF - NYSE Coca Cola Femsa Sab Ads FOOD and BEVERAGE - Beverages - Soft Drinks	$74.55	-1.47 -1.93%	$76.08	193,991 115.47% of 50 DAV 50 DAV is 168,000	$79.16 -5.82%	3/7/2023	$76.63	PP = $77.11
								MB = $80.97
Most Recent Note - 3/10/2023 5:01:35 PM Y - Pulled back today for a 2nd consecutive loss with lighter volume following a streak of 6 consecutive gains with higher volume while hitting a new 52-week high. Highlighted in yellow with pivot point cited based on its 1/24/23 high plus 10 cents in the 3/07/23 mid-day report. Gains above the pivot point must be backed by at least +40% above average volume to trigger a proper technical buy signal. >>> FEATURED STOCK ARTICLE : Mexican Coke Bottler Hits New Multi-Year High - 3/7/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ANET - NYSE Arista Networks Inc Computer-Networking	$146.87	+0.41 0.28%	$148.59	2,314,555 99.64% of 50 DAV 50 DAV is 2,323,000	$152.07 -3.42%	3/8/2023	$147.59	PP = $148.67
								MB = $156.10
Most Recent Note - 3/10/2023 5:22:45 PM Y - Pulled back today breaking a streak of 5 consecutive gains hitting a new all-time high. Highlighted in yellow in the 3/08/23 mid-day report with pivot point cited based on its 12/27/21 high plus 10 cents. A gain and strong close above the pivot point backed by at least +40% above average volume may trigger a proper technical buy signal. Fundamentals remain strong after it reported Dec '22 quarterly earnings +72% on +55% sales revenues versus the year ago period. >>> FEATURED STOCK ARTICLE : Arista Challenging All-Time High - 3/8/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CLH - NYSE Clean Harbors Inc Pollution Control	$130.16	-4.33 -3.22%	$134.25	632,750 181.30% of 50 DAV 50 DAV is 349,000	$140.69 -7.48%	3/10/2023	$136.89	PP = $136.74
								MB = $143.58
Most Recent Note - 3/13/2023 12:25:01 PM Y - Pulling back today for a 3rd consecutive volume-driven loss after a "negative reversal" on 3/09/23 at an all-time high. Fundamentals remain strong. Its 50 DMA line ($128.25) defines important near-term support to watch. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Pullback to Support Marked Secondary Buy Point; Market Concerns Rose - 3/10/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy

THESE ARE NOT BUY RECOMMENDATIONS! Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. This site is not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

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